Gone are the times when board members could listen to the CFO, smile, and candidly state that finance was not their piece of cake.
In a fast-changing and increasingly competitive business environment, you are expected to have a solid grasp of finance so you can constructively challenge the management team on finance reports, and make strategic decisions based on hard finance data.
IMD’s Finance for Boards is designed to give you the essential finance knowledge you need to make tough decisions for your company in areas such as mergers & acquisitions as well as risk management. You will develop an awareness of the deep financial implications of your strategic choices.
Developed and led by the IMD Global Board Center, this program is grounded in the latest insights and best practices, empowering you to lead the future of governance with confidence and foresight.
Vice-Chair Board of Directors, Vontobel Swiss Financial Advisers AG, Switzerland
Although I had a strong finance background, Finance for Boards helped me to recognize my strengths, increase my effectiveness, and find the areas I needed to review.
Chief Financial Officer, Raiffeisen BANK dd BIH, Bosnia and Herzegovina
Everything I took away from this program will have an applicability in the board structure we have. I will, for sure, apply many of the concepts.
Non Executive Board Member and Chair of the Sustainability & Ethics Committee at Stora Enso, Finland
Finance for Boards gave me an excellent overview of my strengths and weaknesses, and how to work with both.
Driving financial performance
- Explore the main determinants of value creation (operational and financial KPIs and the relevant value drivers).
- Review the financials of several companies and make sense of the numbers.
- Discuss asset-based measures of financial performance (ROIC and/or ROCE), and market- related KPIs, such as PE and PEG ratios.
- Address cost of capital considerations (including WACC).
Capital structure, ESG financing for boards, and Mergers & Acquisitions
- Address capital structure and risk appetite.
- Examine the determinants of capital structure choices.
- Look at the options available to companies striving to finance a green transition.
- Understand the key success factors in M&A and learn best-in-class practices.
- Take part in an M&A simulation.
Length: 2 days on campus.
Two pathways to board excellence
